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Math

Math Snap

PROBLEM

Calculate the state's income tax function h(x)h(x) for the following incomes: (a) h(1260)h(1260), (b) h(7160)h(7160), (c) h(49070)h(49070).

STEP 1

Assumptions1. The function h(x) represents the state's income tax for a single person in a recent year, where x is the person's taxable income.
. The function is defined as a piecewise function with three different rules for different ranges of taxable income.
3. The function is defined as follows - If the taxable income x is between0 and5999 (inclusive of0 and exclusive of6000), the tax is% of the taxable income.
- If the taxable income x is between6000 and10999 (inclusive of6000 and exclusive of11000), the tax is 120plus3120 plus3% of the amount by which the taxable income exceeds 6000.
- If the taxable income x is 11000ormore,thetaxis11000 or more, the tax is 270 plus4% of the amount by which the taxable income exceeds $11000.

STEP 2

First, we need to calculate the tax for a taxable income of 1260.Since1260. Since 1260 falls in the first range (0 to5999), we use the first rule of the function.
h(1260)=0.02×1260h(1260) =0.02 \times1260

STEP 3

Calculate the tax amount for a taxable income of $1260.
h(1260) =0.02 \times1260 = \($\)25.2The tax for a taxable income of 1260is1260 is 25.2.

STEP 4

Next, we need to calculate the tax for a taxable income of 7160.Since7160. Since 7160 falls in the second range (6000 to10999), we use the second rule of the function.
h(7160)=120+0.03×(71606000)h(7160) =120 +0.03 \times (7160 -6000)

STEP 5

Calculate the tax amount for a taxable income of $7160.
h(7160) =120 +0.03 \times (7160 -6000) = \($\)150 + \($\)348 = \($\)468The tax for a taxable income of 7160is7160 is 468.

STEP 6

Finally, we need to calculate the tax for a taxable income of 49070.Since49070. Since 49070 falls in the third range (11000 and above), we use the third rule of the function.
h(49070)=270+0.04×(4907011000)h(49070) =270 +0.04 \times (49070 -11000)

SOLUTION

Calculate the tax amount for a taxable income of $49070.
h(49070) =270 +0.04 \times (49070 -11000) = \($\)270 + \($\)1522. = \($\)1792.The tax for a taxable income of 49070is49070 is 1792..

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